Norwest Minerals Ltd. · ASX:NWM
Norwest Minerals — Corporate Update (February 2024)
10 slides from Norwest Minerals's corporate update, February 2024
Slide 1: West Arunta Critical Minerals Update
WEST ARUNTA CRITICAL MINERALS UPDATE FEBRUARY 2024 NORWESTMINERALS.COM.AU
Slide 2: Disclaimer
NORWEST MINERALS LTD DISCLAIMER This presentation has been prepared by Norwest Minerals Limited (Norwest or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be
Slide 3: Company Overview
NORWEST MINERALS LTD COMPANY OVERVIEW EXPLORING & DEVELOPING WA RESOURCES Significant upside on current market cap - excellent project portfolio CORPORATE SNAPSHOT ASX Code NWM ARUNTA WEST Shares on issue (post $1m raise) 359.4 million BALI BULGERA MARYMIA EAST Options on issue 113.4 million MARRIOT
Slide 4: Arunta West Critical Minerals Project
NORWEST MINERALS LTD ARUNTA WEST CRITICAL MINERALS PROJECT IOCG/ base metal s West Arunta 360km² ground acquisition • Norwest has acquired 4 tenements covering 365km² including ground adjacent to WA1 Resources Luni niobium IOCG/base discovery. metals ➢ Cost – 18m shares, 9m options and $250k cash •
Slide 5: Arunta West Critical Minerals Project
NORWEST MINERALS LTD ARUNTA WEST CRITICAL MINERALS PROJECT Tenement E80/5846 (granted) ➢ Within 10kms of WA1 Resources Luni niobium carbonatite and within 20 kms of 3 carbonatites discovered by Encounter Resources ➢ Carbonatites occur close to the domain boundaries and associated with a series of so
Slide 6: Arunta West Critical Minerals Project
NORWEST MINERALS LTD ARUNTA WEST CRITICAL MINERALS PROJECT IOCG/ base metal s Norwest Tenement Holdings • Current ground holding - 1560km² (100%) IOCG/base metals • Tenements include 100km REE enriched contact between the Arunta Belt volcanics and the bitter Spring Formation sediments. • Maiden dril
Slide 7: Arunta West Critical Minerals Project
NORWEST MINERALS LTD INVESTOR PRESENTATION ARUNTA WEST CRITICAL MINERALS PROJECT IOCG/ base metal s E80/5031 target soil anomalies • Tenement covers 30kms of the contact between Arunta belt volcanics and the Bitter Spring sediments. • Geochemical analysis of ~8,000 soil samples defined REE, lithium
Slide 8: Other Assets
NORWEST MINERALS LTD OTHER ASSETS Bulgera Gold project (100%) ▪ JORC Mineral Resource Estimate is 5Mt @ 1.2g/t gold for 200k ounces (80% indicated) ▪ Catalyst consolidated Plutonic Gold Plant and the Vango tenements: ▪ Existing haul road, camp, bores etc – minimum capex & startup time ▪ Potential to
Slide 9: Other Assets
NORWEST MINERALS LTD OTHER ASSETS Bali Copper project (100%) • Located in East Pilbara, 75 km west of Paraburdoo, Western Australia (100%). • RC drilling of main Bali shear intersected broad zones of copper mineralisation. • Discovery of extensive high grade copper-gold veins south of main shear zon
Slide 10: Contact
CONTACT Charles Schaus Norwest Minerals charles@norwestminerals.com.au Suite 1a, First Floor 7 Ventnor Ave West Perth +61 (0) 417 944 295 WA Australia, 6005 www.norwestminerals.com.au